Very strong market position and business diversification Asset quality and credit loss record Supportive earnings Funding and liquidity Difficult competitive environment The counterparty credit ratings on Commonwealth Bank of Australia (CBA) are supported by the major bank's broad distribution networks, a solid brand, and very good business diversification. CBA's very good asset quality and low loss record, sound earnings profile, and diversified funding base also support the ratings. The bank's capital adequacy is viewed as adequate for the risk profile, although a relative weakness compared with the capital adequacy of the bank's domestic peers. CBA operates in market segments that are subject to strong competition, which has moderated the bank's market standing in some business lines. CBA, together with its...
Companies mentioned in this report are:
- Commonwealth Bank of Australia
- ASB Bank Ltd.
- CBFC Ltd.
- Colonial Holding Co. Ltd.
- CBA Funding NZ Ltd.
- CBA Capital Australia Ltd.
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Research Type: Full Analysis